Scapa Group plc (LON:SCPA) had its price target hoisted by Numis Securities Ltd from GBX 280 ($3.41) to GBX 310 ($3.78) in a report published on Wednesday. The firm currently has a hold rating on the stock.
Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 310 ($3.78) price objective on shares of Scapa Group plc in a report on Friday, July 1st.
Shares of Scapa Group plc (LON:SCPA) opened at 293.25 on Wednesday. The company’s market capitalization is GBX 439.97 million. Scapa Group plc has a 12-month low of GBX 174.75 and a 12-month high of GBX 304.00. The company’s 50-day moving average is GBX 266.15 and its 200-day moving average is GBX 255.13.
In other Scapa Group plc news, insider Hardcastle,Graham bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, August 25th. The stock was purchased at an average cost of GBX 246 ($3.00) per share, with a total value of £49,200 ($59,963.44). Also, insider Christopher Carter sold 83,102 shares of the firm’s stock in a transaction on Tuesday, September 27th. The shares were sold at an average price of GBX 267 ($3.25), for a total transaction of £221,882.34 ($270,423.33).
About Scapa Group plc
Scapa Group plc is a United Kingdom-based holding company for a group of companies operating in the manufacture of bonding materials and solutions. The Company’s products include bonding solutions used in wiring harness for electrical distribution, seat heating systems and assembly applications. Its segments include Healthcare, Industrial and Electronics.
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